CIBER Comments on Stock Price.ENGLEWOOD, Colo--(BUSINESS WIRE)--March 9, 1999--CIBER, Inc. ("CIBER CIBER Center for International Business Education and Research (various locations) CIBER Center for International Business and Research (Michigan State University) CIBER Cellular Inter-Carrier Billing Exchange Record ") (NYSE NYSE See: New York Stock Exchange :CBR (1) (Computer-Based Reference) Reference materials accessible by computer in order to help people do their jobs quicker. For example, this database on disk! (2) (Constant Bit Rate) A uniform transmission rate. ) management is of the opinion that the recent decline in the price of its common stock is not related to any business conditions or developments of the company. We believe that the IT Services industry remains a strong, growth-oriented industry. Furthermore, the breadth of CIBER's business model positions us well to continue to be a leading provider of solutions-oriented IT services, including e-commerce solutions. Now, more than 60% of our service revenues are from solutions-oriented contracts and less than 5% of our revenues are Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 related. Those revenues that are derived from IT staff supplementation continue to grow. CIBER, Inc. is a premier provider of system integration consulting services. Employing 6,500+ employees located in over 45 major cities in more than 20 states plus Canada, CIBER offers leveraged information technology integration solutions in five principal areas: management consulting aligning business/IT solutions (including E-Business, data warehousing and middleware integration), enterprise applications solutions (EAS/ERP) implementation and outsourcing services, enterprise integration services consulting and professional staff augmentation services. CIBER's wholly owned subsidiaries include Spectrum Technology Group, Inc., Business Information Technology, Inc., The Summit Group, Inc., CIBER Information Services See Information Systems. , Inc. and CIBER Network Services, Inc. "Safe Harbor" Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Forward-looking statements involve risks and uncertainties that could cause actual results to vary materially from such statements. Please refer to discussions of certain of these risks and uncertainties in the Company's Annual Reports, 10-Ks, 10-Qs and other Securities and Exchange Commission filings. http://www.ciber.com |
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